Meta shares tumble as AI spending surge alarms investors
Shares in Meta Platforms fell sharply in extended trading on Wednesday after the tech giant raised its annual capital spending forecast by billions of dollars.
Shares in Meta Platforms fell sharply in extended trading on Wednesday after the tech giant raised its annual capital spending forecast by billions of dollars.
Alphabet Inc’s Google has deepened its operational relationship with the United States Department of Defense (DoD), quietly signing a wide-ranging agreement to deploy artificial intelligence models in highly classified environments.
President Donald Trump has warned that the U.S. could impose "big" tariffs on British goods if the UK does not remove its digital services tax. Speaking to reporters at the White House on Thursday, Trump said Washington was ready to act in response to the levy on major American technology firms.
The French Senate has approved a proposal to limit social media access for children under 15, as concerns grow over online harms.
The Australian government has threatened to go to court in a bid to sue social media giants for allegedly flouting a ban on under-16s, as its internet regulator disclosed it is investigating some of the biggest platforms for suspected non-compliance with the world-first measure.
A Los Angeles jury on Wednesday found Alphabet’s Google and Meta liable for $6m in damages in a landmark social media addiction lawsuit, a ruling that could influence thousands of similar cases.
South Korea will soon cease to be one of the few countries where Google Maps does not function fully, after its security-conscious government reversed a two-decade-old policy and approved the export of high-precision map data to overseas servers.
Meta CEO Mark Zuckerberg was pressed for answers in a Los Angeles courtroom as a youth social media addiction case probed how far Meta went in shaping young users’ behaviour on Wednesday.
The Pentagon has threatened to designate artificial intelligence firm Anthropic as a “supply chain risk” amid a dispute over the military use of its Claude AI model, according to a report published Monday.
Alphabet is emerging as a frontrunner in the global artificial intelligence race, as analysts and executives say Google has overtaken OpenAI, marking a sharp reversal from a year ago when the company was widely seen as lagging.
A coalition of women’s rights organisations, technology watchdogs and progressive campaigners is urging Apple and Google, owned by Alphabet, to remove the social media platform X and its associated chatbot, Grok, from their app stores.
Apple will use Google’s Gemini artificial intelligence (AI) models for its revamped Siri voice assistant later this year, in a multi-year deal that strengthens the tech giants’ partnership and boosts Alphabet’s position in the race against OpenAI.
Chinese AI startup DeepSeek has introduced its newest model, DeepSeek-V3.2-Speciale, claiming it can perform some tasks as well as the latest models from Google DeepMind and OpenAI.
Two of the world’s fiercest technology rivals have announced a surprise collaboration, aiming to shore up the stability of the global internet infrastructure following a series of costly disruptions.
Google has announced a major update for its Pixel 10 series: owners can now send and receive files with Apple devices using AirDrop, without any collaboration from Apple. The new functionality applies to iPhones, iPads, and macOS devices, though for now it is limited to the Pixel 10 line.
Alphabet Inc., the parent company of Google, is entering the U.S. dollar and euro debt markets with a multi-tranche senior unsecured notes issue.
Google has joined forces with the World Bank Group to develop artificial intelligence-based public digital infrastructure aimed at supporting developing markets.
Google said on Tuesday it would make £5 billion pounds ($6.80 billion) in new investments into Britain ahead of U.S. President Donald Trump's state visit to the country, which is expected to feature a flurry of business deals and partnerships.
U.S. President Donald Trump on Friday denounced the European Union’s $3.46 billion antitrust fine against Google and warned he could launch a broader trade investigation in response.
Google services including YouTube, Gmail and Maps were restored on Thursday following a widespread outage that left millions of users across dozens of countries unable to access key platforms.
Tech giant Google has announced a $1 billion investment to support Artificial Intelligence (AI) education and research at universities across the United States.
Google has admitted its Android alert system failed to warn millions during the 2023 Türkiye earthquakes, with only 469 people receiving the most critical alerts.
Artificial intelligence (AI) is transforming how people search online, offering instant answers while diverting traffic from major websites, according to data from SimilarWeb and other sources.
Germany’s data protection commissioner has called on Apple and Google to block the Chinese AI app DeepSeek from their platforms over illegal data transfers and privacy concerns.
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